Apple has extended its long-time supplier agreement with Broadcom, ensuring Apple gets a steady flow of custom chips until 2031.
Broadcom offices – Image Credit: Broadcom
Broadcom offices – Image Credit: Broadcom
Apple has used Broadcom as a supplier for its iPhone and other hardware for quite some time. However, as threats like the global memory crisis demonstrate, supply chains often aren’t as stable as they could be.
On July 6, Broadcom confirmed to Reuters that it had agreed to an extension of its partnership with Apple. The deal means Broadcom will be developing and supplying custom chips for Apple through to 2031.